$119K  
Over the last 30 days, four homes were sold in the Sinking Spring market, holding even with last week's numbers. However, the market is still in a recent downward trend overall. The median sales price rose dramatically to $204,450, up from last week's $162,000.
Comments:

$560K  
The population of Sinking Spring is growing faster than the rest of Pennsylvania, at a 10-year growth rate of 61.3%. It's a larger than average city compared to the rest of the state, with 4,008 residents. Sinking Spring is made up of homes that are older than most with a median of 42 years. The top school in the city is Wilson Southern Jr High School.
Comments:

$119K  
With four homes sold in the Sinking Spring market over the last 30 days, we see no change from last week's numbers. However, fewer sellers came into the market in the same time frame, with one new listing for buyers to choose from. The median sales price dropped to $162,000, extending a four-week long spiral.
Comments:

$560K  
Price reductions have decreased in the Sinking Spring market, reaching a low that hasn't been seen since October. With the market starting to tighten, there were three homes sold over the last 30 days. In comparison, Reading led all other nearby municipalities with 49 price reductions. Potential buyers should note that prices went up in Sinking Spring, with the median for this period rising from $141,950 to $164,000. In spite of the drop in price reductions, with the availability of seven months of inventory, Sinking Spring is still a solid buyer's market.
Comments:

$124K  
The Sinking Spring market pulled back with a 42.9% sales drop in this week's report. Overall sales numbers for the last 30 days fell below the 6.2 monthly average with four homes sold. Within the same time frame, Reading had 58 sales, the most of all cities in the area. Prices found a bottom with the median sales price falling to $141,950, a one-year low.
Comments:

$124K  
The Sinking Spring market slowed with a 22.2% sales drop in this week's report. However, overall sales numbers for the last 30 days remained above the monthly average (6.1) with seven homes sold. Meanwhile, close-by Reading reported 56 homes sales, the highest number from all the surrounding cities. The median sales price continued to fall, hitting a three-month low at $164,000. In spite of the falling prices, a low three months of inventory signals that Sinking Spring is still a seller's market.
Comments:

$560K  
Sinking Spring is a small city in Pennsylvania, and is affluent with a median income of $50,570 per household. It's much older than the rest of the state, with a median age of 36. It should be noted that at 58.2%, most people own their homes in Sinking Spring. Heading the list of top schools in the city is Wilson Southern Jr High School.
Comments:

$560K  
The number of home sales in the Sinking Spring market climbed 14.3% to eight homes over the last 30 days. To put it in perspective, close-by Reading registered 51 homes sold in the same time frame, the most of all surrounding cities. A months of inventory number of three reported this week continued a four-week downward trend. The rise in sales and low inventory point to Sinking Spring being a seller's market.
Comments:

$560K  
Fewer sellers put their homes up for sale in the Sinking Spring market over the last 30 days and the number of new listings fell this week to five. Home sales remained unchanged from the prior period and once again seven homes were sold. Pricing in Sinking Spring remains consistent from last week to this week, with the median sales price at $194,000 again. With only three months of inventory to sell, Sinking Spring is a seller's market, in spite of the flat sales.
Comments:

$649K  
Over the last 30 days, sales in the Sinking Spring market fell to seven. However, the number of pending transactions continued to improve, reaching a total of eight during the same period. With the trend projected to continue over the next few weeks, pending transactions are expected to rise even further. While contracts numbers rose, prices climbed as well. This week's reported median sales price of $194,000 continued a four-week upswing. With only three months of inventory to sell, Sinking Spring is a seller's market, in spite of the dip in sales.
Comments:
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